When lambo ?!?!?!
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I have one in chargeā¦
I need to be able to pay for itā¦ and I donāt know if I will get itā¦
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yeah i know, i just needed a big number that i could divide by 450mm
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At launch it will be around 1500 million and not 450 like now. But the aim should be top 10-5 in market cap, that would yield similar dependent on market trend and time.
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Here are some other big numbers:
- Total storage capacity of internet connected devices estimated to be around 130.68 ZB (91.476 ZB for consumer devices and 39.204 ZB for data centers) in 2023.
- Free and underutilised capacity on these devices is around 27.4428 ZB for consumer devices and 9.801 ZB for data centers.
- The proportion of duplicate data (globally) is estimated to be around 26.136 ZB, considering a 20% redundancy factor for both consumer devices and data centers.
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I cleared a shitload of cookies and now-redundant backups and downloads today so your figure for free data is out by ~400GB.
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Iām sure it is many times more than it is now, which makes me wonder, why the volume is so low at the moment? Why isnāt there more buying going on?
The recent change in course of development and tone of talks would be enough a reason for me to buy, if I had any money. I trust it that much. But it is not enough to lend money from whatever source, with whatever interest, when Iām already deep in debt. I donāt trust it that much.
I think that only folks on this forum have a clue whatās cooking, and they (we) either:
- Donāt trust enough the way things are going now.
- Donāt have enough money to invest.
- Are just satisfied with the amount of MAID they have.
The volumes are so low, and orderbooks so thin, that even a small raise in the interest towards MAID should make a noticeable difference in volume and price.
I think if more people knew about the course of the project and the recent advancements, the price should pick up pretty quickly. I mean, even with all the uncertainties, the potential seems greatly improved during the last couple of weeks.
Then again, Iām not very keen on banging the drum just yet, as there is nothing tangible yet. I donāt even want to mention to my friends, who already have some MAID, that something might be coming soon. I kind of have the faith, but at the same time it is a sore spot, so to speak. I also think it might be good for the project to stay a bit under the radar for a while still.
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1 Maybe - to a certain extent
2 Donāt have enough money to gamble - cos thats what it still is
3 Doubt that - Most are still hodling hard and there is not yet enough volatility/volume to āplayā
I have the vast amount of my MAID in cold storage and a small amount on Bittrex for gambling - I have not made a trade in over 3 months now
This is true.
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Fair point, but I find that view true only if number 1 is true for the said person.
What are the main doubts you have?
Here are mine:
- The network is not going to be up and running so soon.
- Someone else copies the project and grabs all the attention, rewards etc.
- Perhaps some regulatory issues.
And some things Iām certain of:
- Either Safe Network or similar is going to exist in some point in the future.
- It will prove useful. If not as replacement for the whole of Internet, then as a parallel system to it in any case.
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Volume is probably low for a lot of reasons. Outside of the forum there isnāt widespread dissemination of the updates or the recent design changes, then as some have noted we have heard of game changing breakthroughs before (I do think this time is different as it is in line with the original concept similar to avalanche etc) and so anyone that might be on the edges may be skeptical, many probably have their bags packed already, weāre not in a full on bull market.
I personally just donāt see this stuff changing until there is a stable Testnet with APIās and a marketing effort is underway. Price might go up because of bot trading and low volume buying in the meantime but market depth doesnāt come till things are proven and shouted from the roof tops.
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For me its 1 and 2
Regulatory issues, I trust @dirvine, @JimCollinson and @SwissPrivateBanker to have it worked out thoroughly. Between them they have the intelligence, tenacity and enlightened self-interest to make sure its as bullet-proof as possible for the benefit of us all.
We have had many false dawns but this one seems a lot brighter than any before. Being able to rip out so much complexity and get back to the roots is hugely encouraging.
But until we get testing some code, its all faith in good people who AFAICT have never lied to us for now. And Im happy to go along with that for a month or two.
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I think many have forgotten that Safe exist since no working product for relative many years of development.
Significant part of the volume feels like it is automatic bot trading.
I gave a possible solution that when progress gives a working test product, that Maidsafe should use itās main Twitter account with 45k followers to increase interest in the project again.
That solution was countered with a social media organizer that claims the best way to create maximum interest is to forget Twitter and that Maidsafe\Safenetwork Mastodon account, which currently doesnāt exist and have 0 followers, will yield higher reach than Twitter. No verifiable logical proof was given to why but we should blindly accept it as facts.
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TBH, focusing on a choice between twitter or mastodon to market on, and worrying one way or the other, I think fails to grasp the size and ambition of this project.
Raise your sights folks.
We should be thinking about which one will be replaced first.
The new worlds that can be dreamt and then created.
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I like that thinking! I do think @tobbetj has a point of just using what resources are available at the offset to get the word out. Makes sense to me but no sense in arguing too much about when we can create a new one to replace them.
But again why not use them both to advertise their own replacement? 
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I think that once thereās a stable testnet, it would be a good idea to send an email to all forum members. You know, just one simple email, not bombarding with campaign or anything like that.
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Thatās not what I said, and you repeating your own opinions over and over again doesnāt make them true or any more convincing.
What I actually said was that Mastodon toots get more engagement than tweets even if you have far fewer followers on Mastodon, and that this is widely confirmed by others.
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FWIW Quality over quantity for Mastodon
There is still overwhelmingly more quantity on Twitter and we should be using both to their fullest potential - once we have something that the rest of the world - NOT just us - can cheer about.
@JimCollinson is quite right - the Twitter vs Mastodon argument is a complete waste of time for now.
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Iāve been keen to increase my holdings under $0.20, and recent developments have encouraged me to stock up, but you canāt buy much without forcing the price up.
I think the price hasnāt jumped dramatically because MAID is still risky ahead of a stable test network.
While I hope recent developments will quickly lead to a stable network, thereās a risk we could see something similar to the run of 19 testnets in 2017 that were exciting, but worked to reveal underlying weaknesses in the network design / implementation & stability remained elusive.
Iām hoping this will be different and deliver what MaidSafe have been working towards for many years. Achieving a successful test network will be a game changer for risk / reward, and therefore the MAID priceā¦ and more importantly, I expect releasing a stable network will be a game-changer for humanity!
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Haha. Nicely played down.
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